Spend less. Save more. Invest MOST. These three phrases have been our life-long mantra ever since we first saw real money. These words of wisdom surely do ring true but not all advice should be taken at face value. Some of these financial suggestions are nothing more than myths that don’t need to be heeded. …
Tag: savings
Why Under-the-Mattress Savings are Risky
There are many things you can do with your savings—store them in a bank account, buy gold or silver, or invest in mutual funds. However, that’s not what most Americans have in mind. According to a survey carried out by the American Express, a whopping 53% of adults are hoarding cash and storing it under …